Content about Company Earnings Guidance

January 27, 2011
Expanding market shares drive sales for P&G

Procter & Gamble announced on Thursday that second-quarter sales rose 2% as the company works to expand market shares in more parts of the world.

CINCINNATI — Procter & Gamble announced on Thursday that second-quarter sales rose 2% as the company works to expand market shares in more parts of the world.

Net sales for the quarter rose 2% to $21.3 billion, driven by 6% volume growth, which was offset partially by unfavorable foreign exchange and mix impacts. Organic sales grew 3%.

Net earnings dropped 28% to $3.3 billion, or $1.11 per diluted share, compared with $4.7 billion, or $1.49 per diluted share, in the year-ago period. Net earnings from continuing operations totaled $1.11 per share, up 10%.

January 21, 2011
Watson forecasts successful year

Generic drug maker Watson Pharmaceuticals expects sales of $4.2 billion for 2011, the company said Friday.

NEW YORK — Generic drug maker Watson Pharmaceuticals expects sales of $4.2 billion for 2011, the company said Friday.

The company expected the forecasted sales for the year to include between $2.8 billion and $3 billion in global generics sales, compared with around $2.35 billion in 2010. Total sales for 2010 were around $3.5 billion, according to preliminary financial results released last week.

January 11, 2011
Supervalu looks to Save-A-Lot banner for growth

There were three takeaways to come out of Supervalu’s third-quarter analyst call Tuesday morning: The deep discount banner Save-A-Lot will be the most significant catalyst for growth going forward; Supervalu aggressively is addressing pricing issues that have had consumers who are more accustomed to the “hi” in the grocer’s "hi-lo" pricing strategy shopping elsewhere; and while traditional Supervalu banners Acme, Shaw’s and even Jewel-Osco do not have a “For Sale” sign on their respective front lawns, at least not yet, they can be had for the right price.

MINNEAPOLIS — There were three takeaways to come out of Supervalu’s third-quarter analyst call Tuesday morning: The deep discount banner Save-A-Lot will be the most significant catalyst for growth going forward; Supervalu aggressively is addressing pricing issues that have had consumers who are more accustomed to the “hi” in the grocer’s "hi-lo" pricing strategy shopping elsewhere; and while traditional Supervalu banners Acme, Shaw’s and even Jewel-Osco do not have a “For Sale” sign on their respective front lawns, at least

January 10, 2011
Sanofi, Genzyme get closer to deal

It appears that French drug maker Sanofi-Aventis’ efforts to acquire U.S. biotech company Genzyme are getting somewhere, according to company and media reports.

CAMBRIDGE, Mass. — It appears that French drug maker Sanofi-Aventis’ efforts to acquire U.S. biotech company Genzyme are getting somewhere, according to company and media reports.

December 6, 2010
Dollar General raises guidance after strong Q3

Dollar General reported that its third quarter net income was $128 million, or diluted earnings per share of 37 cents.

GOODLETTSVILLE, Tenn. — Dollar General reported that its third-quarter net income was $128 million, or a diluted earnings per share of 37 cents.

Excluding a net loss of $8 million ($5 million after income taxes) relating to the early repayment of certain long-term obligations, net income for the 2010 third quarter was $133 million, or a diluted EPS of 39 cents, a 76% increase over net income of $76 million, or 24 cents per diluted share, in the third quarter of fiscal 2009.

November 7, 2010
Warner Chilcott reports Q3 revenue gain, profit drop

Quarterly revenue for Warner Chilcott during the third quarter primarily was driven by the company's...

DUBLIN Quarterly revenue for Warner Chilcott during the third quarter primarily was driven by the company's acquisition of two drugs from Procter & Gamble.

The drug maker said its revenue for the quarter, ended Sept. 30, jumped 178.2% to $703.2 million over the prior-year quarter thanks to its acquisition of Actonel and Asacol. In total, these products and the other new products acquired from P&G contributed $504.4 million in revenue during the quarter, Warner Chilcott said.

November 2, 2010
Net sales jump in Q3 for Drugstore.com

Drugstore.com on Tuesday reported a 23% increase in net sales to $108.8 million for the...

BELLEVUE, Wash. Drugstore.com on Tuesday reported a 23% increase in net sales to $108.8 million for the third quarter ended Oct. 3.

 

November 2, 2010
Stores thriving, PBM 'selling season going great,' Ryan says of CVS Q3

CVS Caremark announced on Wednesday that third-quarter results were at the higher end of its...

October 26, 2010
DPS discloses Q2 earnings

Dr Pepper Snapple Group reported earnings per share of 60 cents for thr second quarter,...

PLANO, Texas Dr Pepper Snapple Group reported earnings per share of 60 cents for the second quarter, up from 59 cents in the year-ago period.

The company, however, had fewer shares outstanding in the latest quarter.

 

September 13, 2010
Kroger reports growth, confirms guidance for FY2010

Second-quarter sales for Kroger jumped 6% to $18.8 billion, compared with the year-ago period, the...

September 12, 2010
Driving profitable sales on road back to black

Rite Aid’s road back to black still is long and pocked with challenges, but it’s...

August 3, 2010
Drugstore.com's revenues rise with help of OTC sales

Drugstore.com experienced a net sales increase of more than 27%, reaching $113.1 million, for the...

July 20, 2010
Tongli drugs listed as 'needed medicines' in China

A Chinese drug maker has had three of its drugs included in the country’s list...

May 3, 2010
CVS Caremark's Q1 results forge ahead despite weak flu season

Despite a weak flu season and unfavorable weather in some regions, CVS Caremark posted record...

February 28, 2010
PepsiCo completes bottlers acquisitions

Food and beverage giant PepsiCo has completed its $7.8 billion strategic acquisitions of its two...

February 3, 2010
Fred's reports dim January sales, highlights key initiatives for 2010

Pharmacy was about the only sales highlight for Fred’s Inc. through its fiscal 2009, the...

January 26, 2010
AmerisourceBergen sees earnings surge across the board

AmerisourceBergen is off to a good start in 2010 with a 44% increase in earnings...

February 3, 2008
Clorox sales up after Burt’s Bees acquisition

Clorox on Monday reported a second quarter sales boost of 8 percent thanks, in part,...